[The U.S. House Financial Services Committee Has Voted To Pass Congressman Tom Emmer'S "Central Bank Digital Currency Prohibition Act."] April 3Rd, According To The Block, The U.S. House Financial Services Committee Voted To Approve The "Central Bank Digital Currency Ban Act" Proposed By U.S. Congressman Tom Emmer. The Bill Aims To Prevent Central Bank Digital Currencies From Setting Monetary Policy And Prohibits The Federal Reserve From Directly Providing Financial Services To Individuals.Tom Emmer Stated That The Bill Ensures That U.S. Digital Currency Policy Is Controlled By The American People Rather Than By Government Agencies. This Move Is In Line With An Executive Order Signed By President Trump In January Of This Year To Protect American Citizens From The Threat Of Cbdcs. Additionally, The Committee Has Also Advanced Stablecoin Regulation Legislation To Establish A Framework For U.S. Dollar-Backed Stablecoins To Enhance Their Global Competitiveness

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